Underwriting standards should address required documentation for proof of employment or income, including at least two recent paycheck stubs
Underwriting standards should address required documentation for proof of employment or income, including at least two recent paycheck stubs (iii) Payday alternative loans (PALs I)-(A) Minimum requirements for PALs I. Notwithstanding any other provision of this section, a federal credit union may charge an interest rate that is 1000 basis points above the maximum interest [...]